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  • It also took 300 years to build and finding an industry to replace it might take a while.

    This is a straw man argument. Questioning the primacy that finance acquired since Thatcher's big bang is not the same as saying "Let's get rid of the insurance market" or "Let's get rid of the City".

  • primacy that finance acquired since Thatcher's big bang

    I am too young to remember Big Bang but my suspicion is that its impact on the City is overstated as part of the right’s mythmaking around the value of deregulation.

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